SRF has given breakout from it's previous major resistance. The stock has good momentum in it.
Currently the chart has entered uncharted territory. One can buy the stock at current levels
and keep Stop loss at 3934 .
**ideas are my own ** Please invest as per your risk appetite **
MCX which is Multi Commodity Exchange is trading above all time high of 1600.
The previous all time resistance of 1600 was broken and currently it is trading at 1636 levels.
We can buy this stock at these levels and wait, keep a stop loss of 1460.
We are looking at weekly chart so our investment horizon will be for 3 months to 12 months.
** ideas are of my own...
Ascending Triangle Breakout seen in NATIONALUM with high volume.
Buy only if the high of the breakout candle is broken.
RISKY TRADE
Target a 1:0.7 ratio first. Then, if you want, you can keep 25% of your position for 1:1 target.
Buy level: 39.5
Stop Loss: 36.25
First Target: 41.65
Second Target: 42.7
Rectangular Breakout seen in ORIENTREF with high volume .
Buy only if the high of the breakout candle is broken.
You can either target a 1:1 ratio or the target given below.
Buy levels: 215.5-218
Stop Loss: 183
Target: 252.5
Major Resistance Breakout seen in BSOFT with high volume.
Buy only if the high of the breakout candle is broken.
Target a 1:1 ratio first. Then, if you want, you can keep 25% of your position for 1:1.5 target.
Buy levels: 181-183
Stop Loss: 149.3
First Target: 212
Second Target: 227
TCS has given breakout from its previous multilevel resistances.
The breakout was with good volume.
Once the Scrip stays over it then there should be big move in TCS.
Buy TCS and hold . Keep stop loss at 2157 .
**ideas are my own** please take risk accordingly**
MOMENTUM TRADE IN M_M FIN
VIEW
:-CROSSING ITS MAJOR HURDLE OF 361
:-AFTER A VERY LONG TIME NEEDS A CLOSE ABOVE IT
:-LOOKS A TEST OF 200-DMA IS ON THE WAY
:-SWING TRADE IS POSSIBLE WITH A GOOD RISK-TO-REWARD
TRADE IN 28TH NOV FUTURE CONTRACT
BUY @364
STOP @358
TARGET @376-78
LOT:1250
QTY:2
BTST TRADE IN AXIS BANK
VIEW
:-200-DMA TAKEN OUT
:-RISE IN OI+RISE IN PRICE
:-RESISTANCE OF 730 TAKEN OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@731
STOP@721
TARGET 1@741
TARGET 2@751
LOT:1200
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH...
MOMENTUM TRADE IN M&M
VIEW
:-MOTOR COMPANIES ARE SEEING BUILT-UP
:-RISE IN OI+RISE IN PRICE+RISE IN DELIVERY VOLUMES
:-LOOKS LIKE ITS ON THE VERGE OF TESTING ITS 200-DMA AROUND 625
:-IT HAS BROKEN THE CRUCIAL RESISTANCE OF 603
:-PRICE AND VOLUME BREAKOUT CANNOT BE RULED OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE...
MOMENTUM TRADE IN INDUSIND BANK
APR FUT
STOCK NEEDS A CONDITIONAL STOP ABOVE 1800
FUTURES CHART BUY
BUY@1795(ABOVE1790 CLOSE REQUIRED)
STOP@1775
TARGET@1825
LOT:300
QTY:3
